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Platinum Investment Management, managed by Marcia Venegas, recently executed a significant transaction involving Alphabet Inc. Class C ((GOOG)). The hedge fund reduced its position by 174,660 shares.
Spark’s Take on GOOG Stock
According to Spark, TipRanks’ AI Analyst, GOOG is a Outperform.
Alphabet’s strong financial performance and positive earnings call sentiment are the most significant factors, showcasing robust growth and profitability. Technical indicators and valuation suggest some caution, with moderate metrics indicating a balanced outlook.
To see Spark’s full report on GOOG stock, click here.
More about Alphabet Inc. Class C
YTD Price Performance: 0.61%
Average Trading Volume: 27,351,058
Current Market Cap: $2250.5B